The Internet of things has become a catchphrase in the past few years of extreme technological advancements. In the 2022 century, most of our products come with sensors and other technologies controlled by other devices connected to the internet. Houses are becoming smart where users can control the appliances with their smartphone apps. Businesses are heading towards IoT app development companies to develop robust solutions that maximize their efficiency. But, how is IoT transforming industries? The article will take a deep dive into a number of industries to understand the implementation of IoT. Before heading to the few industries, let us understand why IoT is important and what technologies are making IoT possible?
Why is IoT important?
Humans can interact with IoT devices through a proper configuration so that the devices can collect, store and send data.
For businesses, IoT helps in a number of ways.
- Better decision making: With multiple sensors and the ability to collect and send the data, taking action on the data is easy. Devices can also track user behavior with advanced hardware.
- Real-time tracking: Monitoring systems are critical for organizations and users. The Internet of things has a great potential to provide a platform for real-time tracking and monitoring. For example, we have GPS chips that can be used on vehicles or goods to find their exact locations. With real-time data collection, it is easy to perform real-time analytics.
- Automation: It is the main reason for building IOT technologies to ease the lives of humans with intelligent technologies that work without human interference.
- Efficiency in business and personal tasks: Computers do not make mistakes when provided with the right commands until an external failure strikes. IoT is increasing efficiency in businesses and personal tasks.
What technologies are making IoT possible?
Several different technologies have made IoT possible in the current digital era. Here are a few of the technologies making it possible.
- Low-cost sensor technology: Earlier, sensor technologies were expensive, making it tough for businesses and individuals to adopt them. Now that the technologies are cheap, they are more likely to be used by most of the audience.
- Connectivity: Connectivity in the digital era is common since hosts for IoT technologies can be easily connected to the internet with efficient data transfer.
- Cloud computing: Today, anyone can create websites or share data on the cloud. The cloud infrastructure is very accessible in the current era, making it possible for IoT to work efficiently and cheaper.
- Machine learning: Machine learning is transforming the way machines work. Businesses use the vast amount of data stored in the cloud, and machine learning automates the process of creating analysis from it.
- Artificial intelligence: Personal assistants use AI technology to assist the users effectively.
Industries enjoying the implementation of IoT- Eg
Now that we have seen a few of the basic concepts attached to IoT, it is time to explore a few industries enjoying IoT benefits.
Engineering
Products are not only about mechanical or electrical components and processes. They are embedding smart technologies like hardware, sensors, microprocessors, and internal software. For example, in the TVs, you can see a separate OS specifically designed for them. Similarly, in the cars, you can see car OS. The opportunities in the engineering sector have become so advanced that researchers are continuously exploring the possible innovations they can create and implement to ease the users' lives. Companies are re-examining the way they do their businesses by defining the Internet of things in their processes. Businesses can use the data collected through IoT technologies and develop strategies to extend their products or services lineup. Machines are ready to communicate with machines, infrastructure, and users because of the strong connection of back-end technologies. If you are working in the Engineering industry, consulting an engineering app development or Engineering IoT development company must be your foremost task.
Sports
Sports are using IoT to focus on player development, player safety, and fan engagement. By consulting a sports app development company, here is how businesses are focusing on the above elements.
- Player Development: Coaches are able to use IoT-like sensors that can be future processed with advanced analytics. They are using these technologies to understand their player and assist them in working on their identified weaknesses and preparing better game strategies.
- Player safety: IoT is assisting players with safety since built-in chips are advanced enough to track the real-time holistic view of athletes. For example, in cricket, the sensors can predict and display the area where the ball dropped and in what direction it will go.
- Fan engagement: IoT is equipping fans with smart stadiums, improving their digital experience. For example, the use of AR and VR is transforming the sports industry to a great extent.
Archaeology
Modern IoT technologies are highly used to monitor ancient archaeological sites. For example, Microsoft worked on “The Mitreo in the basement of the Circus Maximus in Rome.” They used sensors to determine and monitor the historical site's temperature, vibrations, and humidity (Source). Other technologies like Azure Stream Analytics and the Web apps feature of the Azure app service were used to further compensate for the complete process. The sensors sent the data to the field gateway at different timings. With the above example, we can see how IoT is helping in data visualization to gain insights into archaeological sites.
Wrapping up
IoT is no doubt bringing revolution to every industry. It is changing the way businesses used to perform operations. With the added technology- monitoring, automation, data science, and engagement have become easy tasks for businesses with the help of IoT. If you are a business working in multiple or specific industries, it is high time to implement IoT in your system. Your next step can be consulting an IoT app development company to maximize your business's efficiency with the power of IoT.
